Property, plant and equipment (Tables)

12 Months Ended

Dec. 31, 2025

Property, plant and equipment

Reconciliation of changes in property, plant and equipment


										Assets in
				Land and		Plant and equipment				course of
				buildings		Instruments¹		Other		construction		Total
		Notes		$ million		$ million		$ million		$ million		$ million
Cost
At 1 January 2024				795		1,844		1,433		170		4,242
Exchange adjustment				(15)		(61)		(18)		–		(94)
Additions				28		225		35		53		341
Disposals				(25)		(84)		(69)		(7)		(185)
Impairment				–		–		–		(12)		(12)
Transfers				6		–		68		(82)		(8)
At 31 December 2024				789		1,924		1,449		122		4,284
Exchange adjustment				28		84		42		6		160
Additions				44		211		29		131		415
Disposals				(91)		(96)		(93)		(5)		(285)
Impairment				–		–		(12)		2		(10)
Transfers				8		166		39		(49)		164
At 31 December 2025				778		2,289		1,454		207		4,728
Depreciation and impairment
At 1 January 2024				342		1,452		978		–		2,772
Exchange adjustment				(8)		(51)		(12)		–		(71)
Charge for the year				66		163		96		–		325
Impairment				(5)		–		2		–		(3)
Disposals				(24)		(73)		(64)		–		(161)
At 31 December 2024				371		1,491		1,000		–		2,862
Exchange adjustment				14		69		32		–		115
Charge for the year				59		177		99		–		335
Impairment				(12)		–		(9)		–		(21)
Disposals				(52)		(85)		(93)		–		(230)
Transfers				–		29		–		–		29
At 31 December 2025				380		1,681		1,029		–		3,090
Net book amounts
At 31 December 2025				398		608		425		207		1,638
At 31 December 2024				418		433		449		122		1,422

1 Instruments include $156m of assets not yet deployed, for which depreciation has not yet commenced.

Schedule of Group's right-of-use assets


		2025				2024
		Land and buildings		Plant and equipment		Land and buildings		Plant and equipment
		$ million		$ million		$ million		$ million
Opening Balance		137		36		157		28
Exchange Adjustment		8		2		(5)		(1)
Additions		43		15		25		22
Depreciation charge in the year		(35)		(14)		(41)		(13)
Impairment		–		–		1		–
Net book value at 31 December		153		39		137		36